There are no tightening signals from the Fed, even though they have hinted otherwise, asserts E.B. Tucker, author of “Why Gold, Why Now?”
He tells our Daniela Cambone that U.S. stock markets are, “stalling out right now, and something drastic has got to happen.” He highlights the erosion of wealth savings in the U.S. right now, and says the nuance of his book describes gold as only a small fraction of the pie.
E.B. says the rising trend of NFT values should be cautioned in his view, correlating hot stocks during a “boom” to a lack of buyers once the wave dies down.
He believes inflation is much more present than central bankers insinuate, saying “everyone is telling you prices are going up [at super markets].”
E.B. concludes that energy prices are not going down, but instead, “are going higher, much higher.”
#stocks #inflation #federalreserve
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